Farhath Shaheer Replaces Vitaliy Lyubimov as MIFCO CEO
Brigadier General (retd) Farhath Shaheer has been appointed as the new Chief Executive Officer (CEO) of the state-owned Maldives Industrial...
PCB Sacks MIFCO CEO Vitaliy Lyubimov
The Privatization and Corporatization Board (PCB) has dismissed Vitaliy Lyubimov as Chief Executive Officer (CEO) of Maldives Industrial Fisheries Company...
MIFCO Disburses MVR 17 Million in Overdue Payments to Fishermen Amid Protests
The Maldives Industrial Fisheries Company (MIFCO) has disbursed MVR 17 million to fishermen for fish sold between 24 August last...
Buying Tuna at MVR 16 per Kilo Unsustainable: MIFCO
Purchasing tuna at MVR 16 per kilogram will not be sustainable without government subsidies, Maldives Industrial Fisheries Corporation (MIFCO) has...
MIFCO Reduces Executive Pay Packages, Introduces Other Cost-Cutting Measures
The Maldives Industrial Fisheries Company (MIFCO) has decided to take special measures to strengthen its corporate governance by cutting the...
MIFCO’s CEO Search Fails to Attract Qualified Candidates
The Privatisation and Corporatisation Board (PCB) has cancelled the job announcement for the position of CEO at Maldives Industrial Fisheries...
MIFCO Faces Backlash Over Layoffs
The Maldives Industrial Fisheries Company (MIFCO) has drawn criticism from the opposition for laying off a significant number of staff....
MIFCO Initiates Design Work for New Fish Canning Factory in Felivaru
The Maldives Industrial Fisheries Company (MIFCO) has assigned a Chinese firm to design the proposed fish canning factory on Felivaru...
Ex-President Solih Criticises Muizzu Administration’s Economic Policies, Fiscal Priorities
Former President Ibrahim Mohamed Solih delivered pointed criticism of the Mohamed Muizzu administration’s economic and fiscal strategies, asserting they have...
Fishermen’s Families Join Protests in Addu City, Intensifying Demands for Overdue Payments
Family members of Addu City fishermen, in a show of solidarity, have joined the demonstrations against the Maldives Industrial Fisheries...
